TORONTO — Canada’s main stock index fell more than 350 points Friday amid broad-based losses, while a 2.2. per cent loss on the Nasdaq led the declines in U.S. stock markets. The S&P/TSX composite index closed down 367.05 points, or 1.
TORONTO — Canada’s main stock index fell more than 350 points Friday amid broad-based losses, while a 2.2. per cent loss on the Nasdaq led the declines in U.S. stock markets.
The S&P/TSX composite index closed down 367.05 points, or 1.4 per cent, at 25,147.03.
In New York, the Dow Jones industrial average was down 748.63 points, or 1.7 per cent, at 43,428.02. The S&P 500 index was down 104.39 points, or 1.7 per cent, at 6,013.13, while the Nasdaq composite was down 438.36 points at 19,524.01.
It was a “risk-off” day across the board as investors reacted to new economic data hinting at a potential slowdown, said Angelo Kourkafas, senior investment strategist at Edward Jones.
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